Dreamland Interiors Blog

017 Federal Tax CreditsTax Credit: 30% of cost with no upper limitExpires: December 31, 2021Tax credits for Solar Energy Systems (solar panels and solar hot water heaters) are available at 30% through December 31, 2019. The credit decreases to 26% for tax year 2020; drops to 22% for tax year 2021 then expires December 31, 2021)Details: Existing homes and new construction qualify. Both principal residences and second homes qualify. Rentals do not qualify.